RPELX Performance — T. Rowe Price Dynamic Credit Fund, I Class
Data updated: 2026-08-27
RPELX returned +0.43% year to date and +3.35% over one year to Jun 2026. Annualised returns are +6.34% over 3 years and +3.53% over 5 years. Against its Intermediate Corporate Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $120, against $118 for the category, and to $103 over one year, against $104. Volatility over the past three years was 2.47% a year. In the 12 months to Jun 2026 the fund took in a net $409.0M, and assets reached $1.48B.
RPELX Growth of $100
What $100 invested in T. Rowe Price Dynamic Credit Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Corporate Bond category average over the same months.
| Period | RPELX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $103 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $120 | $118 |
| 5 years (Jul 2021 – Jun 2026) | $119 | $106 |
| Since data start (Jul 2019 – Jun 2026) | $135 | $118 |
RPELX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.43% |
| 1 year | +3.35% |
| 3 years (annualised) | +6.34% |
| 5 years (annualised) | +3.53% |
RPELX Annual Returns
Calendar-year total returns of T. Rowe Price Dynamic Credit Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.43% |
| 2025 | +7.09% |
| 2024 | +7.43% |
| 2023 | +3.96% |
| 2022 | −0.01% |
| 2021 | +6.36% |
| 2020 | +2.50% |
| 2019 (Jul–Dec) | +2.99% |
RPELX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.9% | −0.1% | −0.4% | +0.4% | −0.7% | +0.3% | — | — | — | — | — | — |
| 2025 | +1.5% | +1.1% | 0.0% | −1.1% | +1.1% | +1.4% | +0.8% | +1.0% | +0.7% | −0.2% | +0.7% | 0.0% |
| 2024 | +0.1% | +1.1% | 0.0% | +1.3% | 0.0% | +0.8% | +0.6% | +1.2% | +1.0% | +0.6% | +0.1% | +0.4% |
| 2023 | +0.3% | +0.4% | +0.2% | +0.3% | −0.4% | −0.8% | +0.7% | +0.6% | +2.5% | −0.2% | −0.4% | +0.9% |
| 2022 | −2.4% | −0.1% | −0.3% | +1.7% | −1.9% | −1.0% | −0.6% | +1.8% | −0.2% | +0.7% | +0.2% | +2.1% |
| 2021 | +1.8% | +4.0% | +0.1% | +0.9% | +0.5% | +0.1% | −0.7% | +1.2% | +0.1% | −0.1% | −1.7% | +0.3% |
| 2020 | +0.1% | −1.1% | −14.3% | +5.1% | +3.7% | +1.2% | +2.2% | +1.8% | +1.2% | +1.2% | +0.5% | +2.4% |
| 2019 | — | — | — | — | — | — | +0.4% | −0.1% | +0.6% | −0.2% | 0.0% | +2.3% |
RPELX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.47%
- 3-year Sharpe ratio: 0.75 (vs 4.5% risk-free rate)
- Best month: +2.52% (Sep 2023)
- Worst month: −1.08% (Apr 2025)
RPELX Fund Flows
Monthly money in and out of T. Rowe Price Dynamic Credit Fund, from SEC Form N-PORT.
- 12-month net flow: $409.0M
- 12-month gross sales (incl. reinvestments): $709.9M
- Sales ÷ redemptions: 2.36×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $107.4M | $16.7M | $90.7M |
| May 2026 | $114.9M | $22.9M | $91.9M |
| Apr 2026 | $124.0M | $20.0M | $104.0M |
| Mar 2026 | $28.9M | $11.7M | $17.2M |
| Feb 2026 | $34.1M | $17.1M | $16.9M |
| Jan 2026 | $52.3M | $24.8M | $27.5M |
| Dec 2025 | $33.7M | $77.7M | −$44.0M |
| Nov 2025 | $22.4M | $11.7M | $10.7M |
| Oct 2025 | $26.9M | $38.2M | −$11.3M |
| Sep 2025 | $32.5M | $26.8M | $5.7M |
| Aug 2025 | $47.8M | $23.2M | $24.5M |
| Jul 2025 | $85.0M | $10.0M | $75.0M |
RPELX Assets Under Management
Net assets of T. Rowe Price Dynamic Credit Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.48B |
| 2026-03-31 | $1.22B |
| 2025-12-31 | $1.17B |
| 2025-09-30 | $1.23B |
| 2025-06-30 | $1.11B |
| 2025-03-31 | $1.08B |
| 2024-12-31 | $1.01B |
| 2024-09-30 | $998.95M |
| 2024-06-30 | $971.25M |
| 2024-03-31 | $909.17M |
| 2023-12-31 | $903.81M |
| 2023-09-30 | $45.68M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.